Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital gain vs business income - the shares were shown in the balance sheet as investment - Mere fact that the frequency of buying and selling shares may be higher itself would not be a determined factor.
Capital gain vs business income - the shares were shown in the balance sheet as investment - Mere fact that the frequency of buying and selling shares may be higher itself would not be a determined factor.
Note: It is a system-generated summary and is for quick reference only.